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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AFG
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American Financial Group Inc stock price ended at $130.06 on Monday, after gaining 2.08%.
(Updated on May 06, 2024)

Hold candidate since May 03, 2024 Gain 2.08% PDF

The American Financial Group Inc stock price gained 2.08% on the last trading day (Monday, 6th May 2024), rising from $127.41 to $130.06. During the last trading day the stock fluctuated 1.66% from a day low at $128.03 to a day high of $130.15. The price has risen in 6 of the last 10 days and is up by 0.94% over the past 2 weeks. Volume fell on the last day by -19 thousand shares and in total, 219 thousand shares were bought and sold for approximately $28.49 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.21% during the next 3 months and, with a 90% probability hold a price between $131.06 and $145.15 at the end of this 3-month period.

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AFG Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 4.41%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The American Financial Group Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $130.38. On a fall, the stock will find some support from the short-term average at $128.10. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for American Financial Group Inc stock

American Financial Group Inc finds support from accumulated volume at $127.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.12 between high and low, or 1.66%. For the last week the stock has had daily average volatility of 1.98%.

Our recommended stop-loss: $123.97 (-4.68%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (AFG) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect American Financial Group Inc to open at $129.41, and during the day (based on 14 day Average True Range), to move between $127.78 and $132.34, which gives a possible trading interval of +/-$2.28 (+/-1.75%) up or down from last closing price. If American Financial Group Inc takes out the full calculated possible swing range there will be an estimated 3.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $127.37 (2.07%) than the resistance at $134.00 (3.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is American Financial Group Inc stock A Buy?

American Financial Group Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.594 Hold/Accumulate Unchanged

Predicted Opening Price for American Financial Group Inc of Tuesday, May 7, 2024

Fair opening price May 7, 2024 Current price
$129.41 ( 0.497%) $130.06

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AFG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 131.53 1.13 %
R2 130.72 0.510 %
R1 130.22 0.125 %
Current price: 130.06
Support S1 128.60 -1.12 %
S2 128.10 -1.50 %
S3 127.29 -2.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 135.33 4.05 %
R2 134.77 3.62 %
R1 134.00 3.03 %
Current price 130.06
Support S1 127.37 -2.07%
S2 122.24 -6.01%
S3 120.63 -7.25%

AFG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 12, 2024 Apr 25, 2024 $0.710 0.552%
2 Feb 06, 2024 Feb 15, 2024 Feb 28, 2024 $2.50 1.97%
3 Jan 02, 2024 Jan 11, 2024 Jan 25, 2024 $0.710 0.590%
4 Nov 01, 2023 Nov 10, 2023 Nov 22, 2023 $1.50 1.34%
5 Nov 01, 2023 Nov 09, 2023 Nov 22, 2023 $1.50 1.34%

FAQ

What is the symbol for American Financial Group Inc Stock and on which exchange is it traded?
The symbol for American Financial Group Inc is AFG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell American Financial Group Inc Stock?
American Financial Group Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy American Financial Group Inc Stock?
American Financial Group Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy American Financial Group Inc Stock.

What's the current price of American Financial Group Inc Stock?
As of the end of day on the May 06, 2024, the price of an American Financial Group Inc (AFG) share was $130.06.

What is the 52-week high and low for American Financial Group Inc Stock?
The 52-week high for American Financial Group Inc Stock is $95.57 and the 52-week low is $69.42.

What is the market capitalization of American Financial Group Inc Stock?
As of the May 06, 2024, the market capitalization of American Financial Group Inc is 10.906B.

When is the next earnings date for American Financial Group Inc?
The upcoming earnings date for American Financial Group Inc is Aug 07, 2024.
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About American Financial Group Inc

American Financial Group American Financial Group, Inc., an insurance holding company, provides specialty property and casualty insurance products in the United States. It offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily exc... AFG Profile

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